This 1,250-acre Science, Technology and Advanced Manufacturing Park (STAMP) will be home to the semiconductor manufacturing, renewables manufacturing, biopharma manufacturing, and other high-capacity industries. Once complete, the STAMP site is expected to bring approximately 9,000 on-site jobs and potentially 40,000 related jobs to the region. Tenants will also benefit from the mega site’s location in NYPA’s low-cost hydropower zone, which will provide service to high capacity, 100-percent renewable, reliable and local power sources.
STAMP has been recognized as a regional priority project by the Finger Lakes Regional Economic Development Council and is supported by local, regional and state governments, as well as business, university and utility partners alike. Located in New York’s high-tech corridor by the New York State Thruway, tenants will have the ability to attract talent from a highly educated workforce in Buffalo and Rochester.
Aside from the targeted anchor tenants, support businesses are anticipated to fill in around the site, including potential coffee shops and hotels to service the boom in employees. Additionally, residential development is expected to grow to accommodate people moving to the area.